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Blue sky basic income thinking is b****cks

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But as was mentioned in the previous article, this does something pretty scary to the job market. The doctor gets replaced by an expert system, the surgeon by a robot. The only human job left is care assistant but that’s a) an unskilled job and b) only going to be provided for rich people since it doesn’t serve any particular medical need.It’s not a particularly appealing future where a handful of people designing or managing the automated systems are fabulously rich and everyone else becomes waiters or artisan bakers in the hope that one of […]

Universal Basic Income Doesn’t Just Improve Your Finances, It Improves Your Health

Universal Basic Income Doesn’t Just Improve Your Finances, It Improves Your Health

In two separate occurrences, the implementation of a universal basic income system corresponded with populations experiencing fewer mental and physical health issues.

Several countries are testing out UBI programs, and if successful, they could not only improve health but also increase creativity, entrepreneurship, and innovation.

Health in Security Universal basic income (UBI) — a system in which a population is given a set amount of money, unconditionally — is rapidly becoming a topic of increased interest across the world. Proponents expect such a system to reduce poverty and improve the economy, and now, according to some re-examined data, there […]

Finland to test a basic income for the unemployed

Finland to test a basic income for the unemployed

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Olli Kangas is leading Finland’s basic income experiment. Kangas says the government favors "evidence-based" policy making, testing social programs before enacting them. – There’s been a lot of buzz this year about an old economic idea called universal basic income . It’s a guaranteed monthly check from the government for every citizen, no strings attached. Automation, gig jobs and the overall precariousness of work is driving interest in the idea, from Silicon Valley to the Netherlands. Finland launches a pilot program next month to test out the idea, but the country’s center right government is […]

Finland to test ‘basic income’ (free money)

Finland to test 'basic income' (free money)

Finland’s center-right government, headed by Prime Minister Juha Sipilä, wants to see if an unconditional basic income would encourage Finns to take low-paid or part-time jobs that don’t pay off for them under the country’s current welfare rules.

Right now many unemployed Finns are caught in “incentive traps,” where working leaves them worse off than staying on social assistance.

Ollie Kangas, director of government and community relations at KELA , the government agency that handles all sorts of public benefits, He is leading the basic income experiment. “In the present system […]

Countries should put a universal basic income in place before robots take our jobs

Countries should put a universal basic income in place before robots take our jobs

Economics Professor Karl Ove Moene at the University of Oslo believes that a universal basic income is more urgently needed in poor countries than in Norway. Nevertheless, he believes more countries should experiment with different kinds of welfare payments like the universal basic income. (Photo: Jan T. Espedal / NTB scanpix) Nobel laureates in economics are talking about it. So is Tesla CEO Elon Musk. Switzerland actually voted on a referendum on it earlier this year — although the proposal lost. But in 2017, Finland and the Netherlands will start their own trials of paying out a universal basic […]

Vietnam’s low-skilled labor force threatened by robots

Vietnam’s low-skilled labor force threatened by robots

A woman works at a furniture factory in Hanoi. Photo by Reuters/Kham 86 percent of garment workers could lose their jobs in the coming decades, according to the International Labor Organization.

Vietnam’s workforce is made up largely of untrained and low-skilled workers who are at high risk of being replaced by automation and robots in the near future, labor experts said at a conference in Hanoi on Tuesday.

Dao Hong Lan, vice minister of labor, said Vietnam currently has 54.36 million workers but nearly 80 percent of them have not received any training or degrees for their jobs.The country’s […]

Finland to test a basic income for the unemployed

Finland to test a basic income for the unemployed

Olli Kangas is leading Finland’s basic income experiment. Kangas says the government favors "evidence-based" policy making, testing social programs before enacting them.

There’s been a lot of buzz this year about an old economic idea called universal basic income . It’s a guaranteed monthly check from the government for every citizen, no strings attached. Automation, gig jobs and the overall precariousness of work is driving interest in the idea, from Silicon Valley to the Netherlands. Finland launches a pilot program next month to test out the idea, but the country’s center right government is testing it as welfare […]

job automation

job automation

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‘People simply can’t afford to purchase healthy food,’ Health Unit says

'People simply can't afford to purchase healthy food,' Health Unit says

The high cost of food continues to make healthy eating difficult, if not impossible, a recent survey by the Perth District Health Unit suggests. Each year the PDHU monitors the affordability of food in the region by visiting six local grocery stores to find the average total cost of 67 basic food items such as vegetables, fruit, meat, bread, eggs, and milk.

In 2016, the cost of this Nutritious Food Basket for a family of four was $210.51 per week, or $911.51 per month. Those figures are similar to the cost in 2015, but is an increase of $15.97 per […]

In Our Hands: Crime and Charles Murray’s Universal Basic Income Scheme

A Skeptic’s Kind Thoughts About UBI

I’m hostile to any sort of government ‘entitlement’ (basically wealth transfer from one segment of society to another), and a UBI is the biggest, baddest entitlement of all. However, Charles Murray in his newly re-released book “In Our Hands: A Plan To Replace The Welfare State” makes a very persuasive case for a UBI. How politically realistic is another matter, but his plan certainly has its logic.

Murray proposes that every citizen over 21 receives a $13,000 annual cash handout. His plan requires a Constitutional amendment that would prohibit any and all wealth transfer […]